Saturday, April 13, 2013

Scammed into buying contaminated oil

Lawsuits Claim Real Estate Companies Were Burned By Big Oil | The Commercial Observer: "Several real estate companies have reportedly sued two major oil companies, claiming they were scammed into buying oil contaminated with used car engine oil to heat their buildings. In one of the back-to-back lawsuits filed in Manhattan court within the last few days, Madison Management and Carnegie LP, which is controlled by Related Companies, sued Hess Corp, Crain’s reported. (Credit: Businessweek) Hess Corp allegedly schemed a “blend game” in which thousands of gallons of heating oil was illegally mixed with used car engine oil – and other harmful waste products – then sold to building owners as No. 4 or No. 6 heating oil. . . ."

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